FOMC

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in 2022. (Helene Braun/CoinDesk)

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-o...

By James Rubin

Jul 25, 2023 at 12:00 a.m. UTC

Jul 25, 2023

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Markets

Analysis

Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July

BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.

By Glenn Williams

Jul 21, 2023 at 6:23 p.m. UTC

Jul 21, 2023

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Markets

Analysis

Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed

Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred

By Glenn Williams

Jul 20, 2023 at 7:22 p.m. UTC

Jul 20, 2023

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Markets

Analysis

Can Bitcoin Break Out of Its Funk? The Answer Appears to Be No

While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story

By Glenn Williams

Jul 19, 2023 at 7:02 p.m. UTC

Jul 19, 2023

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Markets

Analysis

Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?

Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.

By Glenn Williams

Jul 18, 2023 at 6:19 p.m. UTC

Jul 18, 2023

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CoinDesk Market Indices weekly performance. (CoinDesk Indices)

Markets

Analysis

XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets

Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory

By Glenn Williams

Jul 14, 2023 at 8:08 p.m. UTC

Jul 14, 2023

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Markets

Analysis

Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance

As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned

By Glenn Williams

Jul 13, 2023 at 9:48 p.m. UTC

Jul 13, 2023

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Markets

Analysis

Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K

While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm

By Glenn Williams

Jul 12, 2023 at 8:44 p.m. UTC

Jul 12, 2023

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Markets

Analysis

Bitcoin Quiets Down in July After a Tumultuous First Half of 2023

While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.

By Glenn Williams

Jul 11, 2023 at 9:36 p.m. UTC

Jul 11, 2023